NSC of Kazakhstan will allow APFs to buy municipal bonds of Almaty

/IRBIS, Dec.21, 99/ - Agency IRBIS has the information that National securities commission of Kazakhstan allowed to invest assets of accumulative pension funds in municipal bonds of local executive body of Almaty. Initial offering of the bonds (NIN KZ71K2512A00, KASE trade code - ALU012.001) will be held at KASE on December 24. Planned volume of the offering - 400 mln tenge. The source informs that corresponding resolution is ready and will be distributed shortly, if the financial consultant and the emitter will complete some formalities upon presenting some documents by NSC. In principle, the decision has been made.